The Mentone Portfolio

Type: Multifamily / Retail

1840 Mentone Blvd., Mentone, CA 92359

The Mentone Portfolio

Total Number of Units: 2

Year Built: 1952

Sale Price: $750,000

Price per Unit: $362,500

Price per Square Foot: $319.81

CAP Rate: 5.88%

GRM: 12.35

Downpayment: $326,250

Net Operating Income: $42,664

Rentable Square Feet: 2,267

Lot Size: 0.220

Unit Type

2B1B (SFR)

Retail

No. of Units

1

1

Le Investment Group is pleased to present this unique mixed-use investment opportunity featuring a fully operational liquor store with a detached single- family residence in Mentone, CA. The property generates strong rental income of $4,894/month, supported by long-term tenancy and annual 5% rent escalations. Recent capital improvements include new roofs, new septic system, minimizing near-term expenses. The liquor store lease has 18 months remaining, offering stability with built-in upside. Offered at an attractive basis with both steady cash flow and long-term growth potential in a high-demand market.